It appears that the microfinance sector in India has received a mixed bag of news recently. First, the good news is that investment in the sector continues to appear robust. According to Microcapital.org, the The Michael and Susan Dell Foundation has taken an undisclosed equity stake in “BASIX Sub-K iTransactions Limited, the mobile payments unit of [...]

We alerted our readers about Sankalp, and the event is now around the corner!  Check back with ThinkChange India as we bring you updates and guest posts straight from the forum.  Adrienne Villani and Sujatha Mutthaya from Intellecap provide more background: More than 300 social entrepreneurs, a plethora of international and regional investors, funding agencies, [...]

TC-I reader Suresh Parmar tipped us about a workshop focusing on social entrepreneurship on April 16-17 in New Delhi.  Held by the Centre for Training and Research in Responsible Business and Social Entrepreneurship (New Delhi), in partnership with the Centre for Social Initiative and Management (Hyderabad), the workshop will focus on a range of issues. [...]

Here are two stories from Microcapital.org: Michael & Susan Dell Foundation (MSDF) and Lok Capital LLC have decided to jointly invest $1.5 million in Arohan Financial Services Ltd., a MFI located in Kolkata. Partnering with traditional MFIs like SKS India, companies like Bhartiya Samruddhi Finance Limited (Basix), Royal Sundaram Alliance Insurance and TATA AIG Life [...]